11:05:22 EDT Thu 03 Jul 2025
Enter Symbol
or Name
USA
CA



St-Georges Eco-Mining Corp
Symbol SX
Shares Issued 310,115,993
Close 2025-03-31 C$ 0.08
Market Cap C$ 24,809,279
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St-Georges's EVSX closes $360,000 debenture financing

2025-03-31 21:05 ET - News Release

Ms. Neha Tally reports

EVSX ANNOUNCES CLOSING OF FINANCING

EVSX Corp., St-Georges Eco-Mining Corp.'s wholly owned subsidiary, has completed a non-brokered private placement financing.

EVSX secured a convertible debenture financing for gross proceeds of $360,000. Each debenture has a one-year maturity and bears a face value of $1,000, with an implicit annual interest of 17.65 per cent capitalized in advance for $423,540 in total face value.

Each debenture is convertible, at the discretion of the holder, into common shares in St-Georges at an exercise price of eight cents. EVSX has the option to redeem the debentures not earlier than 90 days following closing and upon five-day written notice to the debentureholders.

All securities issued under this debenture will be subject to the standard regulatory four-month hold period. Proceeds will be used for the efficiency modifications at the Thorold plant and for general working capital purposes within EVSX. In connection with the debenture financing, the corporation paid a cash finder's fee of $9,600.

About St-Georges Eco-Mining Corp.

St-Georges develops new technologies, and holds a diversified portfolio of assets and patent-pending intellectual property within several highly prospective subsidiaries, including: EVSX, a leading North American advanced battery processing and recycling initiative; St. Georges Metallurgy, with metallurgical research and development and related intellectual property, including processing and recovering high-grade lithium from spodumene; Iceland Resources, with high-grade gold exploration projects including the flagship Thor project; H2SX, developing technology to convert methane into solid carbon and turquoise hydrogen; and Quebec exploration projects including the Manicouagan and Julie (CSM) projects on Quebec's North Shore, and the Notre-Dame niobium project in Lac Saint-Jean.

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